The collapse of #FTX and the Sam Bankman Freed (#SBF ) saga does not reflect #cryptocurrency or a need for regulation. The fraud and scam of SBF and FTX are a symptom of greed and ignorance. We don't need regulation over the free market; people need to have self-regulation; it was pure greed and ignorance that caused the pain and suffering related to the scam that took place. Investors who failed to do their due diligence, investors who blindly put money into an unregulated offshore's company, investors who thought they could get ridiculous interest and yield on their investments that didn't make any mathematical sense, and investors who failed to diversify are greedy fools and deserve the harsh lesson they got. The need for government regulation and the nanny state can be summed up as a need for lazy, greedy, stupid people. We need the government to protect morons from themselves. I'm more of a Darwinian; I believe in personal responsibility. While having a solid socia...

By Matthew Hayward In WA. State legislators are seriously considering rasing the minimum age for tobacco purchases to 21 years old. The bill in question just passed, "The House Health Care & Wellness Committee," if you ask, that sounds like a committee that should not exist. ( Link )  " A poll found that 65 percent of voters are for of raising the smoking and vaping age from 18 to 21." Do any of these people polled think kids wait until they are 18 to start smoking? This poll proves two things; People are stupid. Society believes responsibility is not a personal matter but a public one.  This kind of protectionism is the opposite of a free society. I have a better solution. End age limits and regulation of controlled substances and let people be free to make bad decisions, and when they do, let's let them suffer the consequences of those decisions. It's time to depend on parenting and common sense. And not to worry, if a child doesn'...

School and Philosophy by Matthew Edward Hayward on Saturday, June 19, 2010 What if libertarianism was taught in schools? While I oppose indoctrination and centralized government attempting to save us from ourselves, I would like to pose a hypothetical. We accept that a large portion of society is being brought up without parenting and moral guidance. We acknowledge that the void is being filled via, television, movies, and the school system. Could the solution be teaching the philosophy of freedom and personal responsibility in schools? (Has anyone ever considered that possibly our government education system might teach a bias that promotes public education and a curriculum that promotes government, etc? If there is anything I have learned in this life it is that government is good at one thing, justifying its own existence and expansion.) Added 2012-12-10 I would love to know what people think of this proposal and what the outcome might look like. "Freedom makes a huge req...